New SCAM That's Draining Bank Accounts

New SCAM That's Draining Bank Accounts

July 17, 2026 · 19 min

About this episode

In this episode, Kevin Lum discusses a new scam that nearly cost him $50,000 and shares steps to protect personal information.

Check out Deleteme: https://www.de33watrk.com/W6H9H4/KMKS9/ (Affiliate Link)Check out Optery: https://get.optery.com/a8qdsz8tzzbz (Affiliate Link)We almost lost $50,000 — and the scariest part was how much they already knew about us.Our phone, our email, our home address, our bank. All of it. And it nearly worked.After that experience, I went deep on researching how scammers are getting so sophisticated, and what I found was unsettling.So in this video, I'm breaking down exactly what happened to us, how scammers are getting your personal data, and four concrete steps you can take right now to protect yourself:1. Freeze your credit at all three bureaus — it's free, it's easy, and it shuts down one of the most damaging things a scammer can do with your information.2. Clean up your data trail — there are services built specifically to find where your personal information is listed and file removal requests on your behalf.3. Lock down your Social Security account — and grab an IRS Identity Protection PIN while you're at it.4. Build one habit that beats them all — this is the step that actually stopped the scam in our case, and it costs nothing.If you're nearing retirement or already…

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